Short-term gains are always unpredictable.
The move is a show of faith from three of the world's biggest technology companies in fast-growing Snapdeal
The fall was led by L&T, IndusInd Bank, PowerGrid, NTPC, TCS, ICICI Bank, Axis Bank, Hero MotoCorp, Bharti Airtel and SBI, declining up to 2.64 per cent.
The BSE Mid-Cap index was currently up 0.81%.
Licence winners are expected to be announced by the first quarter of 2014.
'India is no longer the India of the '70s and the '80s.' 'It's a large country with the fastest growing economy.' 'In working with India, you just can't go and humiliate the nation publicly.' USIBC President Mukesh Aghi tells Aziz Haniffa/Rediff.com about how he advises American companies to do business with India, what he thinks of Modi's government and the way forward for the India-US relationship.
HUL, UltraTech, Asian Paints, L&T, HDFC Bank top global valuation charts
In the past 12 months, such earnings have grown in double digits in Europe, the US, Japan and South Korea.
It's Sanjeev Chadha, named Pepsi's chief executive for Asia, W Asia & Africa, versus Coca-Cola's Atul Singh.
Esther Staubli is set to become the first female referee to officiate a match at the ongoing FIFA Under-17 World Cup 2017.
'It is unlikely that foreign portfolio investors (FPIs) might increase their India allocation, given the overweight status for most FPIs.' 'Given the commentary from the Republican Party, an anti-imports approach means money will not flow out of the US.'
New inventions allow Tencent Holdings' WeChat users to book taxis, top up phone credit, while Clone Algo's YAY App users are able to talk and chat free besides being able to apply for online for micro loans and use Clone Algo trading algorithms.
Besides the manufacturing industry, voices in favouring the need for protectionism have also been heard from local start-ups, which at times find it tough to compete with global players that entered India with deep pockets.
Summary of sports events and persons who made news on Friday
Infosys was the top Sensex loser along with other index heavyweights ITC and HDFC.
Strong gains in Vedanta Ltd, Adani Ports, Bharti Airtel and Maruti Suzuki helped the index touch record levels.
After a volatile session, Sensex closed the day 563 points lower
Snapdeal delivers to the Dharavi centre, where buyers pick up their orders.
In a surprise announcement in April, Sun and Ranbaxy -- at that time owned by Japan's Daiichi -- declared an all-stock deal to create India's largest and world's fifth-largest drugmaker in an over $4 billion deal.
Participants are eagerly waiting for the key macrodata -- IIP and CPI numbers due to be released later today.
Indians want change and progress. They should be willing to accept tough decisions, says Sanjeev Nayyar.
Prime Minister Narendra Modi is not taking along an industry delegation to the US but top representatives of India Inc are likely to travel to New York and Washington to be part of the power-packed business meetings and receptions being hosted for him.
The 30 share Sensex ended up 183 points at 27,470 and the 50-share Nifty gained 44 points to close at 8,295.
Money will flow to Europe, Japan - and the emerging markets, including India.
Market breadth on the BSE ended firm as 1,908 shares advanced and 1,156 shares declined
BSE Midcap and Smallcap indices ended in line with their larger counterparts and closed marginally up 0.2% and 0.4%, each
While iPhone 6 and iPhone 6 Plus are being sold at $199-499 (Rs 12,100-30,400) with a two-year contract in the US, buyers in India are purchasing these at the grey market for a whopping Rs 100,000-200,000.
Markets across the globe are rallying on hopes that the US Federal Reserve won't lift interest rates until 2016.
It is believed that Tata Sons was unhappy with Mistry's approach of shedding non-profit businesses, including the conglomerate's steel business in Europe, and concentrating only on cash cows
The 30-share Sensex ended down 30.30 points at 28,161.72 and the 50-share Nifty dipped 7.95 points at 8,543.
The 30-share Sensex lost 12 points to end at 29,559 and the 50-share Nifty climbed 4 points to close at 8,914.
Jaitley said a very large number of reforms have taken place over the last few years and that has helped in restoring the credibility of the Indian economy
Import alert on Ranbaxy's Mohali unit; Strides' injectible arm gets warning letter
The benchmark Nifty rallied 1,000 points or 17% from 7,000 in 78 trading sessions since May 12, till date to surpass the 8,000 mark.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
Top gainers from the Sensex pack are Infosys, Cipla, NTPC, ITC and Lupin
The 30-share Sensex ended down by 59 points at 27,027 and the 50-share Nifty slipped 7 points at 8,087.
Bank shares were the top losers after sharp gains last week.
BSE Metal and Capital Goods indices plunged over 2% followed by counters like Consumer Durables, Auto, Banks and Realty, all falling down between 1-2%.
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